I only see the signs. I hope it's not the case, but it looks like #Bitcoin will soon experience a price correction to around $80K to $75K.
Patterns:
A breakout of a significant resistance level, which I have marked in the image (Price Action).
The opening of the Alligator indicator’s mouth, signaling the swallowing of indicators and the breakout of a large volume of selling fractals formed outside the Alligator’s mouth and below the jawline, along with the occurrence of two red candles (The Fifth Dimension) (Bill Williams).
The Awesome Oscillator nearing zero.
The breakout of resistance at point B in the chart pattern.
The potential targets have been determined based on a cluster of Fibonacci convergence.
I have also marked the stop loss for you.
Entering this position is your own responsibility. I have already entered. Hoping for good profits.
Patterns:
A breakout of a significant resistance level, which I have marked in the image (Price Action).
The opening of the Alligator indicator’s mouth, signaling the swallowing of indicators and the breakout of a large volume of selling fractals formed outside the Alligator’s mouth and below the jawline, along with the occurrence of two red candles (The Fifth Dimension) (Bill Williams).
The Awesome Oscillator nearing zero.
The breakout of resistance at point B in the chart pattern.
The potential targets have been determined based on a cluster of Fibonacci convergence.
I have also marked the stop loss for you.
Entering this position is your own responsibility. I have already entered. Hoping for good profits.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.